E3 lithium announces field pilot plant on track for August start as construction continues.
E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3 Lithium” or the “Company,” Alberta’s leading lithium developer and extraction technology innovator, announce that construction of its Direct Lithium Extraction (DLE) field pilot plant is progressing according to schedule.
E3 Lithium began receiving equipment, including tanks for brine containment, pipe racks and supporting structural equipment, to site in June and construction has been taking place concurrently. DLE equipment, contained in skids, is set to arrive in late July and early August, at which point all pilot equipment will be piped and wired together. Construction is on track and E3 Lithium estimates commissioning will start and finish in August.
Chris Doornbos, President and CEO, E3 Lithium, said:
The E3 Lithium team, in coordination with our local partners, has been steadily advancing the field pilot plant and ensuring it remains on schedule, a testament to the quality of the planning work that began more than a year ago.
“The success of the pilot de-risks our ability to commercialize our resource, one of the world’s largest, and accelerates us on our path to providing made-in-Alberta battery-grade lithium.”
Next Steps
Once all equipment has arrived at site, including DLE skids, commissioning will begin. Commissioning is scheduled to be complete in August, at which point operations will begin and continue into the fall.
More Information
Please visit www.e3lithium.ca/ to stay up to date on E3 Lithium’s pilot and for the latest photos, videos and schedule.
Please see E3 Lithium’s pilot Key Performance Indicators and watch the June 14 Pilot Plant Update webinar with Chris Doornbos for background information.
About E3 Lithium
E3 Lithium is a development company with a total of 16.0 million tonnes of lithium carbonate equivalent (LCE) Measured and Indicated and 0.9 million tonnes LCE Inferred mineral resources1 in Alberta. As outlined in E3’s Preliminary Economic Assessment, the Clearwater Lithium Project has an NPV8% of USD 1.1 Billion with a 32% IRR pre-tax and USD 820 Million with a 27% IRR after-tax1.
E3 Lithium’s goal is to produce high purity, battery grade lithium products to power the growing electrical revolution. With a significant lithium resource and innovative technology solutions, E3 Lithium has the potential to deliver lithium to market from one of the best jurisdictions in the world.
E3 Lithium Announces Field Pilot Plant on Track for August Start as Construction Continues, CALGARY, Alberta, July 13, 2023
